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Wednesday, dec 4
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Jim Smith
Business
Amazon Pulls Out Of Plan For Headquarters In New York City
Amazon is looking for a new dance partner for its new headquarters after pulling out of plans to develop a site in New York City. The company announced on Thursday, Feb. 14 that it is are backpedaling out of the planned deal to construct a headquarters in Long Island City, despite overwhelming support from New Yorkers. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company said in a statement. "For Amazon, the commitment to build a new headquarters requires positive, collaborative re…
News
With NY Amazon HQ2 Plan In Limbo, Connecticut Jumps Into Fray
With the marriage between New York and Amazon seemingly fractured regarding the construction of a new headquarters in the area, Connecticut seems poised to strike while the iron’s hot, if state lawmakers have their way. In November last year, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, talks have since stalled and progress has been slow, leading Amazon to reconsider its plans in New York. With plans for a New York home possibly shelved, Connecticut officials have thrown their hats bac…